| ETBFSI Newsletter | Saturday, November 23, 2024 |
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Daily Newsletter
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Top Stories
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The Indian government is set to revamp the insurance sector. A key proposal is to permit 100% foreign direct investment. This move aims to boost the i...
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The group's combined gross debt increased by 17.1% year-on-year to Rs 2.8 trillion as of September 2024, while its net worth rose 31.5% year-on-year ...
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The Reserve Bank of India has approved Central Bank of India's insurance sector entry via a joint venture with Future Generali India Insurance and Fut...
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Banking
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Saturday bank holiday: Banks in India are also closed on national holidays and regional holidays, which differ depending on the state. All banks are c...
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So, I feel overall now, let us stick with that support zone of 23,500 until this zone holds, this upside could continue up to 23,800, 23,900 zone i...
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ADANI-GROUP-USA-Global banks weigh halting fresh credit to India's Adani after U.S. indictment, say sources
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Indian Bank has announced the results for its 2024 Apprentice Recruitment, offering 1500 vacancies under the Apprentices Act, 1961. Shortlisted candid...
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INDIA-DEBT/BONDS-India New Issue-Bank of Baroda to issue 15-year Tier II bonds, bankers say
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Karnataka Chief Minister Siddaramaiah on Friday slammed the Centre over the reduction of the loan amount to Karnataka by the National Bank for Agricul...
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State Bank of India and Uber have partnered to offer customised vehicle loans to Uber fleet partners. The loans aim to support both new and existing p...
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The Indian stock market was trading in the green on Friday despite geopolitical tensions as heavy buying was seen in the PSU bank shares. Nifty PSU Ba...
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Vijay Commercial Co-op Bank, The Rajula Nagrik Sahakari Bank, The Karjan Nagarik Sahakari Bank and The Amod Nagrik Co-operative Bank were levied fines...
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Surat Cybercrime police have apprehended a six-person gang that opened fraudulent bank accounts under fake company names. The gang, led by Naresh Dha...
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The All India Bank Officers' Confederation (AIBOC) criticizes the Indian government's revised Performance Linked Incentives (PLI) scheme for bank exec...
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Insurance
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Mumbai (Maharashtra) [India], Insurance is essential when it comes to safeguarding one's financial future. Term insurance and personal accident insura...
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NBFC
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The Department for Promotion of Industry and Internal Trade (DPIIT) has approved the Hinduja Group's acquisition of the debt-laden Reliance Capital Lt...
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Pune (Maharashtra) [India], You work hard, save up, and then wonder-how can I make my savings grow without losing sleep over market crashes or hidden ...
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India Infrastructure Finance Company Ltd (IIFCL) is in talks with ADB and Korean Exim Bank to secure USD 600 million in blended finance. The move aim...
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Fintech
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UPI guidelines for UPI 123Pay features: UPI 123Pay is a Suite of solutions developed for Non Smart phone, feature phone users to use the UPI without i...
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Financial Services
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For September the outward remittance dropped to USD 2.7 billion, from USD 3.2 billion in August, according to the data by 1Lattice. Key factors drivin...
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As digital transactions proliferate, so do the threats from hackers and fraudsters. Ensuring the long- term security of India's digital finance ecosy...
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Policy
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Optimal communication is the gold standard for all central bankers, said Reserve Bank of India's Deputy Governor, Michael Debabrata Patra on Friday.
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